NOT LISTED FOR SALE

118 John St Lockport, NY 14094

Estimated Value: $127,000 - $151,000

3 Beds
2 Baths
1,350 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $89,000 $66 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $964/month

14 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Partial Attic

About This Home

As of January 2021

Investors special. This property is well maintained, has great finishes, and is turn key. Rents of $725 in each apartment with separate utilities. This property will cash flow from day one.

Last Agent to Sell the Property

Matthew Irish-Jones

Listing by Irish Jones Realty License #10401329866 Listed on: 11/02/2020

Last Buyer's Agent

Joshua James

Listing by Keller Williams Realty WNY License #10301210944

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1870

Lot Details

  • 3,610 Sq Ft Lot
  • Lot Dimensions are 95 x 38

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes grounds maintenance, refuse removal, water
  • Tax Lot 57
  • Assessor Parcel Number 290900-109-078-0003-057-000

Community Details

Overview

  • 2 Units
  • John Street Community
  • John Street Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,861

Year Built

Built in 1870

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 50000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 95
  • Lot Dimension Front: 38
  • Lot Information: Near Bus Line
  • Lot Number: 57
  • Nearest Cross Street: HIGH ST
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1073582.63
  • Ratio Close Price By Sq Ft: 65.93
  • Ratio List Price By Acres: 1073582.63
  • Ratio List Price By Sq Ft: 65.93
  • Regional Board Code: Buffalo
  • Rent Includes: Grounds Maintenance, Refuse Removal, Water
  • School Tax: 1491
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3610
  • Age of Building: 152
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 1350
  • Directions To Property: High street to John St.
  • Sq Ft Total Pub: 1350
  • Subdivision Comm Complex: John Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Attic Description: Partial
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 1350

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0829

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 290900-109-078-0003-057-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2861

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 5, 2021
Sold by
Zahn Matthew John
Bought by
Mccracken Patrick C
Seller's Agent
Matthew Irish-Jones
Irish Jones Realty
Buyer's Agent
Joshua James
Keller Williams Realty WNY
List Price
$89,000
Sold Price
$89,000
Current Estimated Value
$139,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,533
Avg. Annual Appreciation
9.80%
Original Mortgage
$66,750
Outstanding Balance
$59,564
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$79,969

Purchase Details

Closed on
Jan 4, 2018
Sold by
Bixler William J and Bixler Jacquelyn P
Bought by
Zahn Matthew John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,765
Interest Rate
4.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccracken Patrick C $89,000 Stewart Title
Zahn Matthew John $52,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccracken Patrick C $66,750
Previous Owner Zahn Matthew John $77,765
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $89,000 0.0% $66 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $89,000 -- $66 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,800 $103,000 $2,900 $100,100
2023 $2,740 $98,000 $2,900 $95,100
2022 $2,103 $89,000 $2,900 $86,100
2021 $1,972 $50,000 $3,200 $46,800
2020 $1,929 $50,000 $3,200 $46,800
2019 $432 $50,000 $3,200 $46,800
2018 $1,395 $50,000 $3,200 $46,800
2017 $1,390 $50,000 $3,200 $46,800
2016 $1,346 $50,000 $3,200 $46,800
2015 -- $50,000 $3,200 $46,800
2014 -- $50,000 $3,200 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1305143

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-078-0003-057-000